coffee futures

Coffee Futures--- Coffee futures in the December contract are trading lower for the 6th consecutive trading session down about 30 points at 125.15 a pound as I'm currently sitting on the sidelines, but I do think prices could retest the June 22nd low of 119.10 in the coming days ahead as I will be interested in a possible bullish position as I've talked about in many previous blogs I will not go short as I think prices are limited to the downside.<

Cotton Futures---Cotton futures in the December contract are sharply higher this Wednesday afternoon in New York up 230 points trading at 69.83 right now at a 4 week high after trading at a 4 week low in yesterday's trade as this market remains extremely choppy as I'm advising clients to avoid at the present time.

Cocoa Futures--- Cocoa prices rallied sharply this Tuesday afternoon in New York up another 45 points at 2082 as I have been recommending a bullish position from around the 2010 level & if you took that trade continue to place the stop loss below the 10 day low which stands at 1960 as that will not improve for another week or so you will have to except the monetary risk.

Cocoa Futures--- Cocoa futures in the December contract reversed sharp losses earlier in the trading session & now have rallied to unchanged at 2047 near a 7 week high as I have been recommending a bullish position from the 2010 level & if you took the trade the stop loss now has been raised to 1960 as the original recommendations risk is now around only $500 per contract plus slippage and commission.

Cocoa Futures--- Cocoa futures in the December contract is currently up 50 points at 2030 after settling last Friday at 1983 up about 50 points for the trading week as I have been recommending a bullish position from the 2010 level and if you took that trade continue to place the stop loss at 1944 & in Monday's trade that will be raised to 1960 as the chart structure is outstanding due to the fact that prices have been grinding higher.

Coffee Futures--- Coffee futures in the December contract are currently trading at 128.00 after settling last Friday in New York at 134.45 as this market has been a real roller coaster trading from 127 all the way up to 143 in 2 weeks and then from 143 down to 128 in 2 weeks straight up and straight down as I'm currently sitting on the sidelines waiting to enter into some type of bullish position.

Cotton Futures---Cotton futures in the December contract settled last Friday in New York at 68.46 while currently trading at 68.81 up slightly for the trading week stuck in a tight 2 week nonvolatile trading manner looking for some fresh fundamental news to dictate short-term price action.

Sugar Futures--- Sugar futures in the March contract are breaking a 4 day losing streak up 10 points at 13.93 a pound as I was recommending a bullish position over the last couple weeks from around the 15.00 level getting stopped out several days back around the 14.35 area as the trend remains mixed as I am advising clients to sit on the sidelines & look at other markets that are beginning to trend.

Cocoa Futures--- Cocoa futures in the December contract finished higher by 44 points at 2015 right near a 6 week high as I have been recommending a bullish position from the 2010 level & if you took the trade place the stop loss which now has been raised to 1944 as the chart structure is outstanding at the present time as cocoa is a volatile commodity with large daily price swings.

Cocoa Futures---Cocoa futures in the December contract are currently trading higher by 13 points at 1995 as I have been recommending a bullish position from around the 2010 level and if you took the trade place the stop loss at 1920 which is the 2 week low as the chart structure is outstanding at the present time due to the fact that prices have gone sideways over the last several weeks.

Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.